GCC MEDICAL GLOVES MARKET ANALYSIS

GCC Medical Gloves Market is estimated to be valued at US$ 178.0 million in 2023 and is expected to exhibit a CAGR of 8.3% during the forecast period (2023-2030).

Analysts’ views on GCC Medical Gloves Market:

The efficacy of gloves in preventing contamination of health-care workers’ hands and helping to reduce transmission of pathogens in health care has been confirmed in several clinical studies. Nevertheless, health-care workers should be informed that gloves do not provide complete protection against hand contamination. Pathogens may gain access to the caregivers’ hands via small defects in gloves or by contamination of the hands during glove removal. Hand hygiene by rubbing or washing remains the basic to guarantee hand decontamination after glove removal. Medical gloves are recommended to be worn for two main reasons: to reduce the risk of contamination of health-care workers hands with blood and other body fluids. To reduce the risk of germ dissemination to the environment and of transmission from the health-care worker to the patient and vice versa, as well as from one patient to another.

Figure 1. GCC Medical Gloves Market Share (%), By Raw material, 2023

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GCC Medical Gloves Market– Drivers

Increasing agreements in healthcare sectors

Increasing agreements is expected to drive the GCC medical gloves market growth over the forecast period.  For instance, the Indian Medicines Agency announced in its annual report on March 23, 2023 that the India-UAE Comprehensive Economic Partnership Agreement (CEPA): Annex includes Bilat-15 cooperation in the field of medicines and plans for fast-track procedures for pharmaceutical products by at least one regulatory agency, including medical gloves.

Figure 2. GCC Medical Gloves Market Share (%), By Country, 2023

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GCC Medical Gloves Market- Country Analysis

Among region, Saudi Arabia is estimated to hold a dominant position in the GCC medical gloves market over the forecast period, owing to increasing research & developments of healthcare devices. For instance, on April 28, 2023 Paul Hartmann Ag, medical equipment manufacturer in Dubai, explained demand for disinfection products remained below pre-pandemic levels. Inflation also led to reduced purchasing power, which strongly impacted the development of demand for branded consumer goods. In the  infection management general demand for disinfection products declined in both the inpatient and outpatient sectors. High raw material prices could not be offset by price adjustments. Demand also decreased for examination gloves and protective clothing.

GCC Medical Gloves Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, the U.A.E., Egypt, and others faced problems regarding transportation of drugs from one place to another.

For instance, on January 16, 2021, Value Added Tax consultants in Dubai, UAE, explained the fight against COVID-19 was raging across the world amidst the news of a second strain emerging, leading to a surge in demand for Personal Protective Equipment (PPE).  However, importers and suppliers need to be aware of how the UAE charges VAT on specific medical equipment used to fight the COVID-19 pandemic such as face masks, sanitizers, hand gloves etc. A temporary zero-rating is applied on specific medical equipment including the face masks and medical gloves which has positive impact on GCC medical gloves market due to increased demand of medical gloves.

GCC Medical Gloves Market Segmentation:

GCC medical gloves market report is segmented into raw materials, product type, form, type of use, end user, distribution channels, and countries.

Based on raw materials, the GCC medical gloves market is segmented into latex rubber material gloves, nitrile rubber material gloves, vinyl material gloves, and polyisoprene gloves. Out of which, the latex rubber material segment is expected to dominate the market due to increasing use of the gloves in industries.

Based on product type, the GCC medical gloves market is segmented into examination gloves, surgical gloves, and chemotherapy gloves. Out of which, the surgical gloves segment is expected to dominate the market due to increasing surgeries in the countries.

Based on form, the GCC medical gloves market is segmented into powdered form gloves and powder-free form gloves. Out of which, the powdered free form gloves segment is expected to dominate the market due to increasing awareness of contamination of powdered form gloves.

Based on type of use, the GCC medical gloves market is segmented into disposable medical gloves and re-usable medical gloves. Out of which, the disposable medical gloves segment is expected to dominate the market due to increasing awareness of contamination and one time use of gloves.

Based on end user, the GCC medical gloves market is segmented into hospitals, clinics, ambulatory surgical centers, diagnostic imaging center, and rehabilitation center. Out of which, hospitals segment is expected to dominate the market due to increased treatments by healthcare professionals in hospitals and availability of advanced technologies.

Based on distribution channels, the GCC medical gloves market is segmented into direct selling channel, medical store channel, e-commerce channel, and others channels (distribution channel). Out of which, medical store channel segment is expected to dominate the market due to increased medical stores by hospitals.

Based on countries, the GCC medical gloves market is segmented into Saudi Arabia, UAE, Qatar, Bahrain, Oman, and Kuwait. Among these, Saudi Arabia segment is expected to dominate the market over the forecast period due to increasing research and development activities in region.

Among the segmentation, type of use segment is expected to dominate the market due to government approvals for medical gloves. For instance, on December 12, 2022 U.S. announced medical gloves are disposable and include examination gloves, surgical gloves, and medical gloves for handling chemotherapy agents (chemotherapy gloves). Medical gloves are regulated by the U.S. FDA as Class I reserved medical devices that require a 510(k) premarket notification. Generally, the U.S. FDA reviews these devices to ensure that performance criteria, such as leak resistance, certain physical properties, and biocompatibility.

GCC Medical Gloves Market Cross Sectional Analysis:

Increasing launch to support clinical trials in healthcare research is expected to drive growth of by product type segment in the UAE region. For instance, on September 13, 2021 ZAWYA., publisher company in Dubai, published an article explaining reinforcing the growing significance of the UAE in global healthcare research, Insights Research Organization and Solutions (IROS) – the first-of-its-kind Contract Research Organization (CRO) in the UAE, has been launched, specialized in healthcare research and solutions that will spread across all therapeutic areas. New organization reinforces Abu Dhabi's capabilities and global contribution in developing medical solutions and leading robust research.

GCC Medical Gloves Market: Key Developments

On December 21, 2022 AstraZeneca, a science-led biopharmaceutical has signed a strategic partnership agreement with G42 Healthcare, an AI-powered healthcare company in Abu Dhabi. The agreement focuses on collaboration in four key areas including localizing innovative industries, research & development, innovation, and sustainability at a global scale to enhance the United Arab Emirates (UAE’s) position as a global hub for future industries. The agreement focus on manufacturing of healthcare produces like medical gloves and pharmaceutical products.

On September 30, 2022, Department of health, Abu Dhabi has launched a new program of funding aimed at supporting research and innovation to fight life-threatening diseases. It is also open to people who have innovative technological ideas and solutions focusing on smart hospitals and the prevention and management of chronic diseases.

GCC Medical Gloves Market: Key Trends

Increasing need for use of medical gloves

Increasing need for use of gloves can drive growth of market. On August 20, 2020, Sharjah health authority, regulate the healthcare system announced demand for personal protection equipment (PPE) as well as masks, gloves and other items required by medical professionals will remain strong in the near future and UAE firms are looking at expanding their facilities, senior public and private officials. Companies have demonstrated its capability to shift production lines, even from one industry to another during and due to  the pandemic.

GCC Medical Gloves Market: Restraints

Application complications of medical gloves

The application complications of medical gloves is expected to hamper the GCC medical gloves market growth. For instance, according to an article published by the U.S. Food and Drug Administration, announced to ban most powdered gloves. While use of these gloves is decreasing, they pose an unreasonable and substantial risk of illness or injury to health care providers, patients and other individuals who are exposed to them, which cannot be corrected through new or updated labeling. The proposed ban applies to powdered surgeon’s gloves, powdered patient examination gloves and absorbable powder for lubricating a surgeon’s glove.

To counterbalance this restraint, a powder free medical gloves should be introduced with no side effects.

GCC Medical Gloves Market - Key Players

Major players operating in the GCC medical gloves market includes Paul Hartmann AG, Hotpack Packaging Industries, LLC, Falcon (Falcon Pack), Top Glove Corp Bhd, Deeko Bahrain, Salalah Medical Supplies Mfg. Co. LLC, United Medical Industries Co. Ltd, and NAFA (NAFA Enterprises, Ltd.).

*Definition: Medical gloves are examples of personal protective equipment used to protect the wearer and/or the patient from the spread of micro-organisms that may potentially cause infection or illness during medical procedures and examinations. Medical gloves are one part of an infection-control strategy. Medical gloves are disposable and include examination gloves, surgical gloves, and medical gloves for handling chemotherapy agents (chemotherapy gloves).